Day: December 9, 2015

Uchumi Supermarket posts loss of Sh3.2 billion

KENYA – Kenya’s Uchumi Supermarkets swung to an loss after tax of 3.2 billion shillings ($31.37 million) for its year ended June, partly due to an impairment charge for closing some regional outlets as part of a turnaround plan.

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Economic woes bite Hippo Valley

ZIMBABWE – Sugar producer, Hippo Valley Estates Limited (Hippo), says its profit for the six months to September 30, 2015 slumped to $2,3 million from $9 million recorded prior period comparative on the back of challenging economic conditions.

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Economic woes bite Hippo Valley

ZIMBABWE – Sugar producer, Hippo Valley Estates Limited (Hippo), says its profit for the six months to September 30, 2015 slumped to $2,3 million from $9 million recorded prior period comparative on the back of challenging economic conditions.

Read More

Economic woes bite Hippo Valley

ZIMBABWE – Sugar producer, Hippo Valley Estates Limited (Hippo), says its profit for the six months to September 30, 2015 slumped to $2,3 million from $9 million recorded prior period comparative on the back of challenging economic conditions.

Read More

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